It’s hard to miss the captivating ads from car insurance companies like Liberty Mutual, State Farm, and Farmers that promise big savings, so you should just pick the one with the catchiest commercial, right?
It’s just not that simple, as there are a whole bunch of unknown aspects such as where you live in Oklahoma City, if you are currently insured, and if you want full coverage included, that all impact the cost of your policy. This article delves into these factors and others that can influence the price of auto insurance and should give you a good beginning to your search for cheaper coverage.
Figuring out which companies offer the lowest-priced auto insurance rates for drivers with a DUI calls for more work than just picking a company at random. Every car insurance company has a unique approach for establishing rates, so to begin we’ll rank the overall cheapest auto insurance companies in Oklahoma.
Keep in mind that Oklahoma auto insurance rates are influenced by many factors that can increase the price of your policy. Improving your credit rating, having a teen driver, or having an at-fault accident can produce rate changes resulting in some companies being more affordable than competitors.
Best Cheap Insurance Rates after a DUI
|Rank||Company||Cost Per Year|
|1||Oklahoma Farmers Union||$1,154|
|11||OK Farm Bureau||$2,079|
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Oklahoma Farmers Union may have some of the cheapest car insurance rates in Oklahoma City at around $1,154 each year. USAA, The Hartford, GEICO, and Safe Auto also make the cut as some of the most economical Oklahoma City, OK auto insurance companies.
As the rates illustrate above, if you are currently insured with GEICO and switched to USAA, you could see annual savings of approximately $196. Insureds with Safe Auto may save as much as $220 a year, and Farmers customers might realize rate reductions of up to $251 a year.
Understand that those rates are averaged for all types of insureds and vehicles and are not factoring in a specific location for drivers with a DUI. So the insurer that has the cheapest price for you may not even be in the top 17 companies in the list above. That’s why you need to quote rates from as many companies as possible using your own driver information and specific vehicle type.
One of the more important things that are looked at to help calculate auto insurance rates is where you keep your vehicle in Oklahoma City. Areas with more people or even just a higher incidence of claims are more likely to have higher rates, whereas areas with less people or fewer weather incidents benefit from lower rates.
The information below shows the highest-priced areas in Oklahoma for drivers with a DUI to purchase a policy in. Oklahoma City shows up at #10 having an annual price of $2,134 for the average insured, which is around $178 each month.
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Table data uses estimated as the specific garaging location can decrease or increase prices considerably.
The make and model of vehicle that is being insured is one of the main factors when comparison shopping for low-cost auto insurance for drivers with a DUI. Vehicles with lots of speed or power, poor safety features, or a history of substantial liability claims will cost much more to insure than safer, lower-performance models.
The next list outlines car insurance prices for some of the most economical vehicles to insure in Oklahoma.
|Vehicle Insured||Estimated Cost for Full Coverage|
|Honda CR-V LX 4WD||$1,637|
|Ford F-150 XLT Regular Cab 4WD||$1,658|
|Toyota Tacoma 2WD||$1,723|
|Chevrolet Equinox LT AWD||$1,755|
|Toyota RAV4 Limited 2WD||$1,764|
|Ford Escape Limited 4WD||$1,778|
|Hyundai Elantra Blue 4-Dr Sedan||$1,817|
|Dodge Grand Caravan CV||$1,831|
|Ford Explorer XLT AWD||$1,836|
|Honda Odyssey EX-L W/Rear Entertainment||$1,850|
|Toyota Corolla XLE||$1,856|
|Nissan Rogue S 2WD||$1,882|
|Nissan Altima 3.5 SR 4-Dr Sedan||$1,884|
|Jeep Wrangler Unlimited Sahara 2WD 4-Dr||$1,991|
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Table data assumes single female driver age 30, two speeding tickets, no at-fault accidents, $1,000 deductibles, and Oklahoma minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, and homeowner. Rate quotes do not factor in specific location which can influence coverage rates substantially.
By looking at the data, we can presume that makes and models like the Honda CR-V, Ford F-150, Toyota Tacoma, and Chevrolet Equinox are most likely going to be the most budget-friendly vehicles to insure after getting a DUI. Auto insurance rates will trend higher just due to the fact that there is more liability risk for drivers with a DUI, but generally speaking those specific models will have the best rates compared to all other vehicles.
Types of discounts on Oklahoma City insurance rates
Insurance companies that offer cheap quotes for drivers with a DUI may also provide premium discounts that could reduce prices by 40% or more if you are eligible. A few of the larger companies and the discounts they provide can be found below.
- AAA offers discounts including AAA membership discount, pay-in-full, good driver, good student, and multi-policy.
- Progressive has savings for continuous coverage, multi-vehicle, online signing, good student, online quote discount, and homeowner.
- State Farm policyholders can earn discounts including good student, accident-free, driver’s education, multiple autos, Drive Safe & Save, and defensive driving training.
- Esurance may have discounts that include DriveSense, online quote, safety device, Switch & Save, good student, and multi-policy.
- Nationwide may offer discounts for good student, Farm Bureau membership, easy pay, business or organization, anti-theft, and family plan.
The example below illustrates the comparison of insurance costs with and without policy discounts. The prices are based on a male driver, two traffic citations and no accidents, Oklahoma state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The lower bar shows the rates with anti-theft, continuous coverage, passive restraint, homeowner, vehicle safety, and marriage discounts applied. When discounts are applied, theamount saved on auto insurance for drivers with a DUI is 28% or $1,045.
The chart below highlights how deductible choice can change annual premium costs when trying to find cheap insurance for drivers with a DUI. The information is based on a married male driver, full coverage, and no discounts are factored in.
In the chart above, a 50-year-old driver could reduce rates by $312 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $472 by switching to a $1,000 deductible. Young drivers, like the 20-year-old category, can save $1,038 annually by choosing larger deductibles on their policy.
If you do raise deductibles, it is necessary to have plenty of discretionary funds to satisfy the extra out-of-pocket expense. This is the primary disadvantage of choosing high deductibles.
Shop around and save
Oklahoma auto insurance rates are based on many factors that will increase or decrease the price of coverage. Improving your credit score, marrying your spouse, or getting a DUI may generate price changes that can cause some rates to be cheaper in comparison to the competition. Also, car insurance companies file new Oklahoma auto insurance rates as needed to adjust for unexpected claims or profits. Higher than normal claim frequency or severity can result in a rate increase, while profitable underwriting may produce cheaper Oklahoma City car insurance rates.
As an example, the chart below analyzes the cheapest car insurance in Oklahoma City, OK for a 30-year-old male driver with no violations or accidents, and great credit. If we estimate rates based on his current risk profile, Oklahoma Farmers Union might offer the best car insurance rates in Oklahoma City at $1,335 per year. This is $632 less than the average rate paid by Oklahoma drivers of $1,967. USAA, The Hartford, GEICO, and Safe Auto are the remaining cheapest Oklahoma City, OK auto insurance companies.
Let’s now give the driver from the first rate comparison a couple of claims, a lower credit rating, and an imperfect driving record. Due to the fact that every auto insurer has their own process to set their prices, comparing rates may result in a slightly different list of the cheapest companies as shown below.
State Farm now has the best auto insurance rate in Oklahoma City, OK with USAA, The Hartford, GEICO, and Liberty Mutual also having competitive pricing. This illustrates why it is crucial to compare as many rates as possible to get cheap auto insurance quotes for drivers with a DUI.
Insurance rates are determined by many risk factors and change frequently, so the most economical company a year ago may now be one of the more expensive options.
The auto insurance agents in Oklahoma City shown below can probably help you decide which insurance coverage you need, since some drivers wish to have professional advice when trying to find the best insurance rates for drivers with a DUI. It can be time-consuming to find the best coverage yourself, so using a licensed agent can give comfort knowing your policy gives you enough coverage if you have a claim.
To locate an Oklahoma City insurance agent close to you, click the button link following the list.
Ken Shelton – State Farm Insurance Agent
10901 S Western Ave a – Oklahoma City, OK 73170 – (405) 378-0407
Dan Ryan Insurance
6300 S Western Ave – Oklahoma City, OK 73139 – (405) 631-6300
Rita Wallenberg – State Farm Insurance Agent
2833 SW 119th St – Oklahoma City, OK 73170 – (405) 691-2464
Insurance Center Agency Inc
Union Plaza, 5600 N May Ave #300 – Oklahoma City, OK 73112 – (405) 843-0793